Required information [The following information applies to the questions displayed below.) The following partially completed process cost summary describes the July production activities of the Molding department at Ashad Company. Its production output is sent to the next department. All direct materials are adde products when processing begins. Beginning work in process inventory is 20% complete with respect to convers Equivalent Units of Production Units transferred out Units of ending work in process Equivalent units of production Direct Materials 35,000 EUP 2,500 EUP 37,500 EUP Conversion 35,000 EUP 1,500 EUP 36,500 EUP Costs per EUP Costs of beginning work in process Costs incurred this peniod Total costs Direct Materials $ 18,450 394,050 $ 412,500 Conversion $ 2,288 205,770 $ 208,050 W Units in beginning work in process (all completed during July) Units started this period Units completed and transferred out Units in ending work in process 2,000 35,500 35,000 2,500 Prepare its process cost summary using the weighted-average method. (Round "Cost per EUP" to 2 decimal places.) Costs Charged to Production Costs of beginning work in process $ 0.00 Total costs to account for Total costs accounted for "Difference due to rounding costunit Unit Reconciliation Units to account for 0.00 Total units to account for Total units accounted for Completed and transferred out Ending work in process Total units accounted for Equivalent Units of Production (EUP). Weighted Average Method Units % Materials Units completed and transferred out Units of ending work in process Equivalent units of production EUP. Materials 9 Conversion EUP. Conversion xercises 1 Soved Soved Required information Materials Conversion Costs EUP Costs EUP 0 Equivalent units of production Cost per EUP Cost of beginning work in process Cost of beginning work in process Total costs - Equivalent units of production Cost per equivalent unit of production Cost Assignment and Reconciliation Costs transferred out Direct materials Conversion Total transferred out Costs of ending work in process Direct materials Conversion Total ending work in process Total costs accounted for EUP Cost per EUP Total cost EUP Total cost Cost per EUP S 0.00 $ 0.00 +